by AIP Online Bureau | Jun 1, 2020 | Eco/Invest/Demography, Indian News, Life
New Delhi: The coronavirus pandemic is likely to shave at least $25 billion off from the January 2020 cumulative brand value of top 100 domestic brands, a report said. According to the latest report by Brand Finance, globally, the top 500 brands could see a...
by AIP Online Bureau | Jun 1, 2020 | International News, Technology
MILAN: Helicopter and jet makers are turning to digital technology so customers can inspect their big-ticket purchases remotely before taking delivery, as they strive to push through deals paralysed by the coronavirus pandemic and bring in much needed cash.With...
by AIP Online Bureau | Jun 1, 2020 | Eco/Invest/Demography, Facts, Risk Management, Technology
NEW DELHI: India has ordered its internet service providers (ISPs) to block file-sharing website WeTransfer at a time when hundreds of millions of people are working from home because of a nationwide lockdown to stop the novel coronavirus. The order, dated May...
by AIP Online Bureau | Jun 1, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life
London: International rating agency AM Best has maintained its negative outlook on India’s non-life insurance market. Key factors underpinning the outlook, according to the rating agency, include: -Competitive market conditions and...
by AIP Online Bureau | Jun 1, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
Mumbai: The India Meteorological Department on Monday said that the depression in the Arabian Sea is likely to intensify into a severe cyclone and cross the north Maharashtra and south Gujarat coasts on June 3, and will have an impact on Mumbai. The IMD...
by AIP Online Bureau | Jun 1, 2020 | Eco/Invest/Demography, Indian News
New Delhi: The southwest monsoon has made an onset over Kerala, marking the commencement of the four-month long rainfall season, the India Meteorological Department said on Monday. "The southwest monsoon has made an onset over Kerala," IMD...
by AIP Online Bureau | Jun 1, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
NEW DELHI: India’s unemployment rate in May rose to 23.48%, marginally lower from 23.52% in April, according to data released by the Centre for Monitoring Indian Economy (CMIE) on Monday, reflecting the impact of coronavirus pandemic. ...
by AIP Online Bureau | May 31, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
NEW DELHI: Indian states on Sunday began identifying high-risk zones where coronavirus lockdowns should continue while the rest of country gears up to reopen in June despite a record rise in COVID-19 cases, officials said. Prime Minister Narendra Modi’s...
by AIP Online Bureau | May 31, 2020 | International News, Non-Life, Reinsurance
SYDNEY/LONDON/Karachi: The Pakistan International Airlines (PIA) Airbus SE A320 jet that crashed into a crowded residential district of Karachi last week killing 97 people on board was insured for $19.7 million, an airline document showed. Insurance...
by AIP Online Bureau | May 31, 2020 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Life, Non-Life, Risk Management
Kolkata: The domestic general insurers are now expecting a Rs 2000 crore hit from two states- West Bengal (WB) and Orissa where cyclone “Amphan'' has severly devastated some of parts of these two states. Till Saturday, the general insurance...